Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 17, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth Plan has a NAV of ₹13.4301 as of 16 September 2026 and an AUM of ₹2,121 Cr. Its 1-year, 3-year and 5-year returns are 6.13%, 7.4% and 0% respectively, and the scheme sits in the Balanced Risk category.
Our view is that this is a relatively steady income-oriented index fund rather than a high-rotation idea. The portfolio is built around debt instruments and government securities with a notable slice in accrued interest, so the return pattern has been more measured than equity-style funds, even though the recent 1-year outcome is better than the benchmark move over the same period.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹13.4301 as of 16 Sep 2026 |
| AUM | ₹2,121 Cr |
| Expense Ratio | 0.23% |
| Launch Date | 14 Oct 2021 |
| Min SIP | ₹100 |
| Risk Category | Balanced Risk |
| Benchmark | Nifty 50 |
| Fund Category | Index Funds |
| Exit Load | 0.15% upto 30D, Nil after 30D |
| Fund Managers | Dhawal Dalal, Hetul Raval |
The fund is managed by Dhawal Dalal and Hetul Raval.
Source data date: as of 16 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | 0.44% | -4.41% |
| 3M | 1.63% | -3.6% |
| 1Y | 6.13% | -7.76% |
| 3Y | 7.4% | 5.74% |
| 5Y | Data not available | Data not available |
The recent numbers are notable because the fund has held up better than the benchmark across 1M, 3M and 1Y. That kind of gap usually matters most for investors looking for a smoother path, because the benchmark’s negative short-term readings contrast with the fund’s positive returns.
Over the longer 3-year period, the fund still shows positive compounding, but the margin over the benchmark is narrower than in the recent one-year window. That tells us the fund’s advantage has not been a straight line; it has moved through phases where returns were more muted and phases where they improved.
The 3-year path suggests a measured recovery rather than a sharp jump, which fits a debt-heavy income index approach. The 5-year figure is not available because the scheme has not been running long enough for a full five-year track record, so our view should stay anchored to the 1-year and 3-year profile rather than stretching the comparison further than the data supports.
Overall, the fund looks more defensive than growth-seeking, and the most recent period appears stronger than the benchmark’s pattern. At the same time, the longer window shows that returns have been positive but restrained, so expectations need to stay aligned with that more moderate compounding profile.
Source data date: as of 16 Sep 2026
Should you BUY or HOLD Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth Plan | 6.13% | 7.4% | Data not available |
| ICICI Pru NASDAQ 100 Index Fund Direct Growth Plan | 29.31% | 30.01% | Data not available |
| Tata Nifty Capital Markets Index Fund Direct Growth Plan | 21.45% | Data not available | Data not available |
| Motilal Oswal Nifty Capital Market Index Fund Direct Growth Plan | 21.13% | Data not available | Data not available |
| Motilal Oswal Nifty MidSmall Financial Services Index Fund Direct Growth Plan | 20.68% | Data not available | Data not available |
| ICICI Pru Nifty Pharma Index Fund Direct Growth Plan | 17.57% | 18.84% | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
The fund’s 1-year return trails the strongest peer figures in this set, but that gap is not unusual because the peer list includes much more growth-sensitive strategies. On the 3-year view, the fund is ahead of some peers with available 3-year data in this table, while still remaining well below the stronger long-duration returns shown by the Nasdaq-focused peer. The short-term and longer-term comparisons therefore tell different stories: the recent record is modest but steady, while the broader comparison remains tied to a more conservative return profile.
Source data date: as of 16 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| 6.58% Gujarat SDL Red 31-03-2027 | Government Securities | 10.41% |
| 6.14% Ind Oil Cor NCD 18-02-27** | Corporate Debt | 9.39% |
| 7.83% IRFC Ltd NCD Red 19-03-2027** | Corporate Debt | 8.05% |
| 7.75% Power Fin Cor GOI Ser NCD 22-03-27** | Corporate Debt | 7.1% |
| 7.89% Power Grid Corp NCD Red 09-03-2027** | Corporate Debt | 5.2% |
| 7.78% Bihar SDL Red 01-03-2027 | Government Securities | 4.99% |
| 7.79% Sidbi NCD SR Iv NCD Red 19-04-2027** | Corporate Debt | 4.96% |
| 7.86% Karnataka SDL Red 15-03-2027 | Government Securities | 4.29% |
| Accrued Interest | Cash & Cash Equivalents and Net Assets | 3.59% |
| 8.31% Rajasthan SDL Red 08-04-2027 | Government Securities | 3.58% |
The top 10 holdings account for approximately 61.56% of the portfolio.
To see all holdings, visit the Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth Plan page
The largest holding is 6.58% Gujarat SDL Red 31-03-2027 at 10.41%, and the tenth holding still stands at 3.58%. That drop from the first to the tenth holding suggests the portfolio is not dominated by one or two outsized positions, even though the largest line item still has the greatest influence on the overall basket.
The mix is also spread across government securities, corporate debt and cash-like assets, which may help reduce dependence on a single issuer or security type. With 30 disclosed holdings and the top 10 accounting for 61.56%, the fund appears moderately concentrated in its leading positions but still carries a long tail beyond the most visible names.
Our view is that the structure may suit investors who want a fairly defined credit-and-gilt style allocation rather than a very broad market spread. The presence of multiple SDLs and debt issuers also means the largest positions could matter meaningfully, but the overall holding pattern is not narrowly concentrated in just a couple of bets.
Source data date: as of 16 Sep 2026
Who should invest
This fund is better suited to investors who are comfortable with a Balanced Risk profile and who want a steadier return journey than an equity-heavy index fund usually offers. The 1-year and 3-year numbers are positive, but the 5-year track record is not available, so it fits best for someone who is willing to look at a shorter and medium-term record rather than a full market cycle.
The main trade-off is that the portfolio may offer more stability than growth-oriented peers, but that usually comes with more modest upside. Investors with a medium-term horizon and a preference for debt-heavy index exposure may find the profile understandable, while those looking for fast capital growth may see the return pattern as too restrained.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: 0.15% up to 30 days, nil after 30 days.
Source data date: as of 16 Sep 2026
Frequently asked questions
What is the current NAV of Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth Plan?
The current NAV is ₹13.4301 as of 16 September 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
Its 1-year return is 6.13% and its 3-year return is 7.4%. The 5-year return is not available because the scheme does not yet have a full five-year track record.
How does the fund compare with its benchmark?
It has outperformed the benchmark in the 1-month, 3-month and 1-year windows, while the 3-year comparison is closer. The benchmark has shown weaker recent readings than the fund.
How does it compare with the peer funds listed here?
Its 1-year return is lower than the most growth-oriented peers in this set, but the 3-year return is stronger than some peers where that data is available. The comparison therefore looks stronger on steadier longer-term debt-style compounding than on short-term upside.
What is the minimum SIP amount?
The minimum SIP amount is ₹100.
Who manages the fund and what is the exit load?
The fund is managed by Dhawal Dalal and Hetul Raval. The exit load is 0.15% up to 30 days and nil after 30 days.
Bottom line
This fund’s recent return pattern is steadier than its benchmark, and the longer 3-year record also remains positive, though not especially aggressive. In the peer set, it looks more conservative than the higher-return strategies, which reinforces its income-oriented profile. The portfolio is built around debt instruments and government securities, with the top holdings carrying noticeable but not extreme weight. Our view is that it fits investors who prefer a balanced-risk, medium-horizon approach and can accept more modest upside in exchange for a more controlled return profile.
Published on 17 September 2026 at 11:56 AM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.